Quebec is the only province where taxpayer have to file two income tax returns. Tax specialist Luc Lacombe discusses several features specific to the two Quebec and Canadian tax systems and presents a summary table of the main distinctions, which he prepared for Les Affaires Plus. In particular, the partner warns taxpayers that it is necessary to check all data carefully, especially with income tax software where some boxes are filled in automatically. That’s sound advice in the midst of income tax season!

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A new trend, benching, is gaining popularity in Quebec office development strategies for its ability to promote collaboration and cut costs. In an interview with La Presse, Montréal region Vice-President Michel Noël explains why Raymond Chabot Grant Thornton adopted benching for its offices located at 800 René-Lévesque Blvd. West.

In the article, Michel mentions one of the Firm’s CLEARR values, collaboration, which these new work spaces help promote. He explains, “Accountants are known for being somewhat conservative, but we’ve always encouraged collaboration and openness to give the most to our clients. This type of set-up is a lot more accessible.”

To read the full article in the February 18, 2014 edition of La Presse (French only), click here.

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Arianne Phosphate: A project creating wealth through the responsible development of natural resources

Saguenay, February 25, 2014 – At a Saguenay Chamber of Commerce business lunch today, Raymond Chabot Grant Thornton publicly shared the highlights of the analysis of the Lac à Paul mining project it conducted for Arianne Phosphate.

Given the project’s size and its impact on economic growth in Quebec, Raymond Chabot Grant Thornton President and CEO Emilio B. Imbriglio was present for the report’s release. “This project will create wealth. And that’s what Quebec needs and must have to thrive. We have to develop our natural resources in a responsible and environmentally friendly manner. This project meets these requirements. Our society needs powerful development tools to spur growth, and Arianne Phosphate’s project is truly such a tool,” stated Mr. Imbriglio.

Saguenay office partner Éric Dufour, who also took part in the presentation, further pointed out that “rarely does a project like this one come along—a project that delivers a lasting impact and spinoffs of over $12 billion, that entails hiring more than 500 direct workers a year during construction and that then creates over 1,400 direct and indirect jobs for the more than 25-year lifetime of the mine. No doubt about it—this is a crucial project for our region!”

The analysis released at the lunch confirmed that Arianne Phosphate’s Lac à Paul mine project will be the biggest investment in the Saguenay-Lac-Saint-Jean region in the past decade. It will have a huge impact, raising average worker income in the region and boosting collective wealth while adding to the ranks of mining subcontractors, as well as diversifying the regional economy beyond the traditional logging and aluminum sectors. In addition to attracting new residents and a talented workforce with special expertise, the project will also generate new opportunities for educational institutions.

Arianne Phosphate’s Chief Operating Officer, Jean-Sébastien David, who was also in attendance, answered questions from the business people present. He said that he was proud that Lac à Paul was a major project for the economic development of the region and of Quebec. “Arianne Phosphate is working with all stakeholders, including First Nations, to make sure that the project will help our communities to grow and become even more competitive. As a responsible company, we want strong, sustainable growth for our society, in consultation with local communities. That is why we are committed to building a key project that the region and Quebec will be proud of,” said Mr. David.

Brian Kenny, President and CEO of the mining company, underlined that the project is creating quality jobs in the region. “Our Chicoutimi head office already has more than 25 people working to develop this world class project, and this number is constantly increasing.” He added that he is proud that Arianne’s Lac à Paul project is Quebec based. “Quebec is recognized for its mining expertise. Arianne Phosphate is very happy to be able to count on this expertise while taking the project through development stages to production of its high quality phosphate concentrate” concluded Mr. Kenny.

About Raymond Chabot Grant Thornton

Founded in 1948, Raymond Chabot Grant Thornton has become a leader in the fields of assurance, tax, consulting services, and business recovery & reorganization. Its strength is based on a team of over 2,400 people, including some 230 partners in more than 100 offices in Quebec, eastern Ontario and New Brunswick. For over 30 years, Raymond Chabot Grant Thornton has been a member of Grant Thornton International Ltd, providing clients with the expertise of the member and correspondent firms in more than 100 countries.

About Arianne Phosphate

Arianne Phosphate (“Arianne Phosphate Inc.”) is developing the Lac à Paul phosphate deposits located approximately 200 km north of the Saguenay/Lac St. Jean area of Quebec, Canada. These deposits will produce a high quality igneous apatite concentrate grading 39% P2O5 with little or no contaminants. The Company has 85.2 million shares outstanding.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Raymond Chabot Grant Thornton highlights the fact that its Disraeli office moved in new premises

Disraeli, February 25, 2014 – Raymond Chabot Grant Thornton, the most important firm that is Quebec owned and operates in the areas of assurance, taxation and consulting services, announces that its Disraeli team moved in new premises.

Established in Disraeli since almost 25 years, the expert team of Raymond Chabot Grant Thornton continues to promote excellence in the profession of chartered professional accountant as well as the importance of rigour in this field of practice. Its unique willingness to accompany individuals and enterprises of the community towards success and its concern to diligently meet the needs of its customers brought the Firm to go on with the moving of its team in a more spacious and functional working area, which reflects its pursuit of excellence.

“This moving aims to support our growth, which is based on key elements such as the success of our business partners and our customers, the confidence they have in our talents and the spirit of cooperation maintained by over 50 professionals and employees of our offices in Disraeli, Weedon and Thetford Mines”, concluded Mr. Jean-Sébastien Grenier, partner.

About Raymond Chabot Grant Thornton

Founded in 1948, the firm Raymond Chabot Grant Thornton is now a leader in the fields of assurance, taxation, consulting services, business turnaround and insolvency. This strength is based on a team of over 2 400 people, including more than 230 partners, in over 100 offices in Québec, eastern Ontario and New-Brunswick. Raymond Chabot Grant Thornton has also been associated with Grant Thornton International Ltd for 30 years, thereby offering its clients an access to the expertise of member firms and representative firms in more than 100 countries.